FirstEnergy Reports Q1 Results and Reaffirms FY2026 Guidance
FirstEnergy (FE) reported first-quarter earnings of $0.72 per share, up 7.5% year-over-year, in line with expectations. Revenue rose to $4.2 billion, exceeding estimates by over $362 million due to higher electricity rates and increased demand from data centers. The company reaffirmed its FY2026 core earnings guidance of $2.62–$2.82 per share.
Tickers: $FE
Topics: capital_expenditure earnings electric_utility guidance